Despite an impressive performance by several DeFi tokens in the month of September, Chainlink, which supplies data feeds to DeFi systems, witnessed its LINK token drop nearly 50% month to date. The famous oracle token went on to become the...
The cryptocurrency market is showing some strong improvement. One of the reasons could be the PayPal announcement. The market is moving now and it seems that almost all the altcoins are improving. Some cryptocurrencies are exhibiting growth. Here are the...
Chainlink is currently trading at $12.87 after a massive breakout above a crucial pattern formed on the daily chart. The ascending wedge was established by the end of September and the upper boundary of the pattern acted as a strong resistance level for close to a month before the final breakout today. LINK is now trading above the 50-SMA and the 100-SMA and...
The entire cryptocurrency market is heavily bullish and has hit a new 2020-high in terms of market capitalization at $397 billion. Just in the past week, the entire market gained around $42 billion in market cap thanks to several good news, especially from PayPal. Although Bitcoin has been leading the way, surpassing $13,000, several other altcoins are closely following it. Let's take a...
The Paypal news triggered massive bullish momentum for Bitcoin which broke above $13k and climbed to levels not seen since last year. This was followed by the rest of the cryptocurrency market following suit which also soared to fresh highs. But the...
Chainlink, the oracle network that provides reliable data input and output for complex smart contracts is in the spotlight once again. Interestingly, Chainlink’s co-founder Sergey Nazarov who seems to be a very private person more or less spilled that he is the real Satoshi Nakamoto. In a fireside chat with Ben Chan, VP Engineering Chainlink, Nazarov explained how the Chainlink Oracle Network will...
Chainlink is a project offering decentralized oracles to blockchains. Oracles are data entry points for blockchains, that must ensure that this data is reliable and accurate. Chainlink wants to achieve this with its incentive system. What...
The cryptocurrency market was rising in previous months, but September was different and bitcoin declined by 7.5% during the month. Bitcoin is still the king of the cryptocurrency market and practically all altcoin movements are under influenced by the Bitcoin price action. Therefore, it’s no surprise that the crypto market as a whole was bloody in September.
Decentralized finance (DeFi) has attracted the attention of crypto enthusiasts worldwide. AdEx, not to be left behind, has released details of how to stake its ADX native token on its platform. The DeFi ecosystem has grown to astonishing heights this year alone. DeFi is currently estimated to currently hold...
DeFi activity saw a massive boom in the third quarter of the year. This September, several DeFi tokens sustained severe pullbacks along with numerous market corrections. Despite this, these tokens continued to lead the pack. This was...
Bitcoin (BTC) was able to surpass $11,000 after weeks months below that level. Now, the next important target is going to be at around $12,000, where Bitcoin has […]
ChainLink is currently trading at $9.42 and faces a critical resistance level established on the daily chart. The digital asset had a massive bull run in 2020, climbing towards $20.11 in August. [caption id="attachment_78535" align="alignnone" width="2223"] LINK/USD daily chart -...
DeFi tokens like Chainlink and Yearn.Finance dominated the crypto market all throughout the summer months. But a recent shift in sentiment has prompted investors to derisk and these same coins have been crashing deeply. And while there's no certainty that a reversal is near, a buy setup has triggered on these two once top-performing tokens that could at least provide a dead cat...
AdEx, the next-generation blockchain-powered digital advertising network, has just partnered with Chainlink, the world’s largest and most popular blockchain oracle provider, to integrate Chainlink oracles into its staking ecosystem to power its novel staking loyalty pool and governance system. Creating an Elastic Reward Mechanism With ADX Designed to make online advertising more transparent and less prone to fraud,...
Chainlink has a building infrastructure that enables interoperability of smart contracts and is most often touted as a leading oracle project. As DeFi's mass-market appeal continued to soar higher, Radix, which happens to be a layer-one protocol announced integrating with Chainlink. This integration is aimed at connecting Chainlink's industry-leading oracle network to the Radix Public Network and The post Chainlink's Popularity Soars As...
Chainlink, the decentralized oracle network, has been connecting blockchain to external off-chain systems. Most importantly, it enables this without compromising the security and reliability of the associated blockchain. Addressing the audience at Smart Contract Summit 2020, Chainlink CEO Sergey Nazarov explained how the project is creating definitive truth, which is basically data you can trust. He also explained why this indisputable definitive...
BitGo, the institutional digital asset and custodial platform, has adopted oracle network Chainlink (LINK) for cross-chain auditing of wrapped Bitcoin (WBTC). Over the last year, BitGo has bridged over $1 billion on...
Follow decentralized oracle project Chainlink even casually? Then you know its builders and community move fast and stay busy, so keeping up with all the happenings around the Chainlink ecosystem is no small feat. No worries, though: in today's post we'll catch you right up by breaking down Chainlink's biggest highlights from the past two [...] The post New in Chainlink: More DeFi...
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